Scorpio Total Revenue vs Total Assets Analysis
STNG Stock | USD 52.62 0.29 0.55% |
Scorpio Tankers financial indicator trend analysis is much more than just breaking down Scorpio Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scorpio Tankers is a good investment. Please check the relationship between Scorpio Tankers Total Revenue and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
Total Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scorpio Tankers Total Revenue account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Scorpio Tankers' Total Revenue and Total Assets is 0.63. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Scorpio Tankers, assuming nothing else is changed. The correlation between historical values of Scorpio Tankers' Total Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Scorpio Tankers are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Scorpio Tankers' Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Scorpio Tankers generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Assets
Total assets refers to the total amount of Scorpio Tankers assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Scorpio Tankers books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Scorpio Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scorpio Tankers current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.At this time, Scorpio Tankers' Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 144.1M | 169.8M | 166.7M | 88.3M | Depreciation And Amortization | 240.3M | 206.8M | 202.5M | 115.9M |
Scorpio Tankers fundamental ratios Correlations
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Scorpio Tankers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scorpio Tankers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.2B | 5.0B | 4.6B | 4.2B | 3.0B | |
Short Long Term Debt Total | 3.1B | 3.0B | 3.1B | 1.9B | 1.6B | 1.6B | |
Other Current Liab | 41.5M | (156.2M) | (207.7M) | (240.9M) | 61.0M | 64.1M | |
Total Current Liabilities | 486.2M | 406.2M | 527.8M | 473.3M | 510.4M | 265.8M | |
Total Stockholder Equity | 2.0B | 2.1B | 1.8B | 2.5B | 2.6B | 1.4B | |
Property Plant And Equipment Net | 4.7B | 4.8B | 4.6B | 3.8B | 3.6B | 2.6B | |
Net Debt | 2.9B | 2.9B | 2.9B | 1.6B | 1.2B | 1.4B | |
Retained Earnings | (399.0M) | (304.9M) | (539.4M) | 97.9M | 587.1M | 616.5M | |
Accounts Payable | 23.1M | 12.9M | 35.1M | 28.7M | 10.0M | 15.1M | |
Cash | 202.3M | 187.5M | 230.4M | 376.9M | 355.6M | 182.9M | |
Non Current Assets Total | 4.9B | 4.9B | 4.7B | 3.9B | 3.7B | 2.7B | |
Other Assets | 85.7M | 141.7M | 72.2M | 113.8M | 130.8M | 137.4M | |
Long Term Debt | 999.3M | 971.2M | 666.4M | 264.1M | 939.2M | 807.7M | |
Cash And Short Term Investments | 202.3M | 187.5M | 230.4M | 376.9M | 355.6M | 182.9M | |
Net Receivables | 78.2M | 33.0M | 38.1M | 276.7M | 203.5M | 213.7M | |
Common Stock Total Equity | 3.8M | 5.8M | 646K | 656K | 754.4K | 716.7K | |
Common Stock Shares Outstanding | 49.9M | 56.4M | 54.7M | 63.5M | 54.5M | 57.3M | |
Liabilities And Stockholders Equity | 5.2B | 5.2B | 5.0B | 4.6B | 4.2B | 3.0B | |
Non Current Liabilities Total | 2.7B | 2.7B | 2.6B | 1.6B | 1.2B | 1.4B | |
Inventory | 8.6M | 9.3M | 8.8M | 15.6M | 7.8M | 6.3M | |
Other Current Assets | 13.9M | 24.9M | 12.0M | 18.2M | 10.2M | 8.8M | |
Other Stockholder Equity | (646K) | 2.4B | 2.4B | 2.4B | 2.0B | 2.1B | |
Total Liab | 3.2B | 3.1B | 3.2B | 2.1B | 1.7B | 1.7B | |
Property Plant And Equipment Gross | 4.7B | 4.8B | 4.6B | 3.8B | 4.8B | 2.7B | |
Total Current Assets | 303.0M | 267.4M | 285.2M | 687.3M | 577.1M | 605.9M | |
Accumulated Other Comprehensive Income | 2.4B | 2.4B | 2.4B | 2.4B | 2.0B | 1.2B | |
Short Term Debt | 421.7M | 549.5M | 700.4M | 674.5M | 427.7M | 261.2M | |
Common Stock | 646K | 656K | 659K | 727K | 745K | 1.5M | |
Property Plant Equipment | 4.7B | 4.8B | 4.6B | 3.8B | 4.3B | 2.6B | |
Non Currrent Assets Other | 143.4M | 72.2M | 113.8M | 75.1M | 53.6M | 55.1M | |
Deferred Long Term Liab | 2.8M | 4.0M | 1.4M | 1.6M | 1.5M | 1.4M | |
Short Long Term Debt | 235.5M | 172.7M | 235.3M | 31.5M | 221.0M | 204.0M | |
Net Tangible Assets | 2.0B | 2.1B | 1.8B | 2.5B | 2.9B | 1.9B |
Currently Active Assets on Macroaxis
When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scorpio Tankers. If investors know Scorpio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scorpio Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.637 | Dividend Share 1.55 | Earnings Share 13.97 | Revenue Per Share 27.856 | Quarterly Revenue Growth (0.08) |
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.